Trump signed a nearly $700 billion defense policy bill

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President Trump on Tuesday will sign a nearly $700 billion defense policy bill for fiscal year 2018 called the National Defense Authorization Act (NDAA), according to The Hill.

The NDAA would authorize $624.4 billion for the base defense budget and $65.7 billion for a war fund known as Overseas Contingency Operations.

The money will go toward a 2.4 percent pay raise for military service, an increase of 20,000 active duty and reserve troops across the services, and more ships, planes and other equipment.

The bill's funds - which were decided in a compromise version landed upon by House and Senate negotiators - will also bulk up America's missile defense and contributed to increased operations in Afghanistan.

The measure is progressive despite Congress failing to reach an agreement on raising budget caps, which the NDAA surpassed.